Post Utme Babcock University 2025 Commerce Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

A company's articles of association may contain provisions that restrict the transfer of shares. Which of the following is a valid reason for restricting the transfer of shares?

Answer Options

A. To prevent the company from being taken over by a rival company.
B. To prevent the company from being sold to a foreign investor.
Correct Answer C. To prevent the company from being sold to an individual who does not meet the company's criteria.
D. To prevent the company from being sold to an individual who does not have the necessary qualifications.
Correct Answer
C
Correct Option:
To prevent the company from being sold to an individual who does not meet the company's criteria.

About This Question

This is Post Utme Babcock University 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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